Solar PV Price Index–July 2013

The Solar PV Price Index for July 2013 shows average solar installation prices dropping in the ACT across all system sizes. Prices have also fallen across the board for Melbourne, albeit not as sharply as in Canberra. In most other cities and among most system sizes greater than 1.5kW, prices have either declined or remain steady.

Average solar system cost by city and nominal system size

The table below contains the average solar system installation prices for the 7 Australian capital cities. Sydney and Perth, in line with previous months, remain the two cities with the lowest average install costs. Hobart still has the highest average prices.

Solar Choice: Average Solar PV System Prices* – July 2013
Adelaide, SA$4,156$5,059$5,984$7,516$8,531
Brisbane, QLD$3,902$4,769$6,091$7,764$9,232
Canberra, ACT$3,247$3,978$5,615$7,425$8,473
Hobart, TAS$4,606$5,349$6,724$8,582$10,310
Melbourne, VIC$3,933$4,667$6,095$7,497$8,791
Sydney, NSW$2,878$3,723$5,166$6,879$8,144
Perth, WA$3,235$4,080$5,525$7,110$8,227
*Incorporates federal STC discount

July 2013 solar system prices: $/Watt averages, highs & lows

The following table contains pricing figures for 1.5kW, 2kW, 3kW, 4kW and 5kW solar systems in the 7 cities that are included in the index. Federal STC discounts are incorporated in these figures.

This month, STCs accounted for an effective discount of around 68c per watt in Adelaide, Brisbane, Canberra, Sydney, and Perth. In Hobart and Melbourne this discount worked out to around 54c/W (down slightly from 56c/W last month). These STC discount figures are calculated based on the numbers provided by installers, when included in system pricing.

Solar Choice: PV system prices, $/Watt – July 2013
Adelaide, SAAverage$2.75$2.51$3.03$1.90$1.70
Brisbane, QLDAverage$2.53$2.34$2.05$1.95$1.84
Canberra, ACTAverage$2.12$2.00$1.89$2.87$1.71
Hobart, TASAverage$3.01$2.62$2.34$2.16$2.02
Melbourne, VICAverage$2.61$2.32$2.06$1.89$1.76
Sydney, NSWAverage$1.88$1.87$1.73$1.79$1.64
Perth, WAAverage$2.14$2.02$1.86$1.76$1.63

Historic solar PV system prices to July 2013

Since last month, prices in the ACT have dropped sharply among all system sizes (1.5kW-5kW) following the closure of ActewAGL’s 1-for-1 gross solar buyback scheme to new applicants. Prices for larger system sizes (4kW, 5kW) in most of the other the other 6 cities included in the index continue the gradual decline that has been observable since the beginning of 2013, while smaller systems have increased in price in a number of instances.

Solar Choice 1.5kW solar system prices July 2013

Solar Choice 2kW solar system prices July 2013

Solar Choice 3kW solar system prices July 2013

Solar Choice 4kW solar system prices July 2013

Solar Choice 5kW solar system prices July 2013

About this data

Tables and charts included in this article were created using data from Solar Choice’s installer network database, which contains regularly-updated pricing and product details from over 125 solar installation companies across Australia. Prices do not incorporate meter installation fees or additional costs for difficult installations. The discount available to Solar Choice customers is also excluded from the calculations, as are prices for ‘premium’ installer offerings.

About Solar Choice

Solar Choice is a solar PV installation and advice service based in Sydney, NSW, providing free Solar Quote Comparisons for residential solar customers Australia-wide. Solar Choice’s commercial wing, Solar Choice Commercial, manages tenders for medium- to large-scale solar projectes for a wide range of clients.

© 2013 Solar Choice Pty Ltd

James Martin II

Contributor at Solar Choice
James was Solar Choice's primary writer & researcher between 2010 and 2018.

He is now the communications manager for energy technology startup SwitchDin, but remains an occasional contributor to the Solar Choice blog.

James lives in Newcastle in a house with a weird solar system.
James Martin II